JOHANNESBURG (miningweekly.com) – Nevada is like the Witwatersrand of the 1970s, says new Barrick Gold president and CEO Dr Mark Bristow, whose Randgold Resources is now merged into Barrick to form the world’s biggest gold mining company, which is also an extractor of copper, a metal that Bristow sees as “another gold”.
The brand new Goldrush-Fourmile discovery, which extends the footprint within Cortez district in Nevada in the US, is already at 12-million ounces at over 10 g/t.
“I reckon that will go over 20-million ounces and that’s an 8-km-long deposit,” South African-born Bristow tells Mining Weekly Online. And then there is Turquoise Ridge, which is the richest gold mine in the world at 15 g/t.
Barrick Nevada is an integrated gold mining operation that combines the Cortez and Goldstrike properties in Nevada, employing 3 000 employees and 800 contractors.
Operations at Cortez are split between two complexes, the Pipeline opencast mine complex and Cortez Hills, which has both opencast and underground activity. Goldstrike consists of the Betze-Post openpit, and the Meikle and Rodeo underground mines.
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